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higher estate tax rate. but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in this society, a very tiny percentage. i, frankly, that there are more taxes coming and they're going to bite more deeply into the middle class. >> approximately two-thirds of american will pay more taxes. the tax bite for the middle class comes from the end of payroll tax cut, which wasn't renewed in the fiscal cliff deal. but whatever happened to comprehensive tax reform? >> the irs tax code is still a nightmare. it's too complex, too costly, and too unfair. >> reporter: both sides say they're open to simplifying the tax code. more than 70,000 pages in 2012. the u.s. government gives away more than $1 trillion a year in tax breaks, but republicans say reform isn't about squeezing more money out of taxpayers. >> i think tax reform is a good idea, but now that we have resolved the revenue issue, tax reform ought to be revenue neutral, as it was
higher estate tax rate. but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in this society, a very tiny percentage. i, frankly, that there are more taxes coming and they're going to bite more deeply into the middle class. >> approximately two-thirds of american will pay more taxes. the tax bite for the middle class comes from the end of payroll tax cut, which wasn't renewed in the fiscal cliff...
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reform by closing loopholes in our tax reform for the wealthiest americans. if we combine a balanced package of saving through -- we can solve the deficit issues without sacrificing things like our investments in education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it's fair for example to ask a senior to pay more for his or her health care or for a scientist to shut down ground breaking research so that a multimillionaire can pay less taxes than a secretary. they don't think it's smart to close endless loopholes for wealthy americans rather than invest in our roads and to help manufacturers bring jobs back to america. they want us to bring our books in order no a balanced way where everybody pulls their weight and everybody does their part. that's what i want as well. that pie that's what i've proposed. and we can get it done, but we're going to have to make sure that people are looking at
reform by closing loopholes in our tax reform for the wealthiest americans. if we combine a balanced package of saving through -- we can solve the deficit issues without sacrificing things like our investments in education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it's fair for example to ask a senior to pay more for his or...
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interview with david gregory, i talked about health care for the nation, climate change, redistributive tax policies -- these are things that republicans oppose on principle, and he did that, though, which makes it worse, in a conversation, and there was a subtle link to this issue of race. it makes republicans look like they don't oppose president obama for all these principle or policy reasons that were just brought up, but rather because he's black, and that's what is really, really disturbing and destructive, that we have a serious disagreement with policy and principles, not because of who the president is or what his race is. >> l.z., response? >> you see what i mean, carol? that's a perfect example of what i talked about earlier. there are racist facets of republican party. when you look at comments made by republican john sununu, how could you not see the hint of racism in his voice when he talks about the president? are there disagreement when's it comes to policy? absolutely. let's remember the republican party actually was the party that gave us the epa. the republican party gave
interview with david gregory, i talked about health care for the nation, climate change, redistributive tax policies -- these are things that republicans oppose on principle, and he did that, though, which makes it worse, in a conversation, and there was a subtle link to this issue of race. it makes republicans look like they don't oppose president obama for all these principle or policy reasons that were just brought up, but rather because he's black, and that's what is really, really...
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higher taxes on households making above $450,000 and other tax increases will raise an additional $600 billion in revenue by 2022. but that's not enough. and as democrats and republicans gear up over the next few months to debate spending cuts, debt limits and the federal budget, there still is not a credible plan out there that puts a serious dent in the debt. but douglas durst still holds out hope that one day he'll be able to retire his dad's debt clock. >> i'm an optimist. we would have a very big party. >> reporter: alison kosik, cnn, new york. >>> speaking of money, if you're looking for that job that really pays, you probably want to get a college degree or pick up a second degree. that is right. ali velshi and christine romans take a look at the careers and the schools that can help you get ahead. >> thanks. okay. so when christine and i were in college, the idea was to study kind of whatever you -- those were in the days before cable -- study whatever you wanted and the world was your oyster if you got a university degree. if you had to go back and make a choice today about wh
higher taxes on households making above $450,000 and other tax increases will raise an additional $600 billion in revenue by 2022. but that's not enough. and as democrats and republicans gear up over the next few months to debate spending cuts, debt limits and the federal budget, there still is not a credible plan out there that puts a serious dent in the debt. but douglas durst still holds out hope that one day he'll be able to retire his dad's debt clock. >> i'm an optimist. we would...
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. >>> the gun control debate who will be our next secretary of defense and whether your taxes are going to go up. in case you missed them, they were some of the topics on the sunday political talk shows. to save you some time, we brought together the bright points. take a look. >> do you think you have enough support on alcohol kohl keep an assault weapons ban from passing? >> if he is willing to expend the political capital, you don't want to make predictions, and yo you don't want to bet your house on the outcome, but i would say that the likelihood is that they are not going to be able to get an assault weapons ban through this congress. >> this is not your father's nra, but it represents gun manufacturers and less than half of the funding comes from their member, and they make tens of millions of dollars off of the purchases of guns. >> just his overall temperament and is he suited to run a department or big agency or big entity like the pentagon? >> you have questions about his temperament? >> i think -- i think -- i think there are numbers of staffers who are coming forth now just
. >>> the gun control debate who will be our next secretary of defense and whether your taxes are going to go up. in case you missed them, they were some of the topics on the sunday political talk shows. to save you some time, we brought together the bright points. take a look. >> do you think you have enough support on alcohol kohl keep an assault weapons ban from passing? >> if he is willing to expend the political capital, you don't want to make predictions, and yo you...
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obama demands the wealthy pay their fair share of taxes. but he's just another elitist hypocrite when it comes to a fair share of security. >> you see there's mayor bloomberg, nbc anchor, david gregory, and senator dianne feinstein. so, they're tapping into that, too, because many people think that the media is one-sided on this issue, jason. >> didn't we do this for the last two years? the election is over. the whole barack obama is part of this elitists is a dead argument. it doesn't move things forward. what the nra should be talking about is let's make sure people have to be licensed properly to have their guns. make sure people know how to use a gun if someone comes into their home. these ads and attacks raises money, gets people talking, and it doesn't help the nra's reputation with the public. >> ron, jason has a point. this could create a backlash. a "washington post" poll shows 44% have an unfavorable view of the nra's leadership. >> i don't think that matters to the nra. what their goal is is to protect gun rights, the rights of t
obama demands the wealthy pay their fair share of taxes. but he's just another elitist hypocrite when it comes to a fair share of security. >> you see there's mayor bloomberg, nbc anchor, david gregory, and senator dianne feinstein. so, they're tapping into that, too, because many people think that the media is one-sided on this issue, jason. >> didn't we do this for the last two years? the election is over. the whole barack obama is part of this elitists is a dead argument. it...
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Jan 14, 2013
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what i said was we weren't going to extend bush tax cuts for the wealthy. and we didn't. >> joining me now, john king, john king, welcome, welcome. help me understand what exactly the president is saying. is he saying he absolutely will not negotiate with congress when it comes to the debt ceiling? and to point out, i had ben stein on, an economist. he said, brooke, saying not negotiating is a negotiating tact tactic. >> ben is correct in that regard. what the president is saying, he's not going to repeat two years ago. he did get involved in detailed negotiations and the president, in that same news conference, said if the republicans feel they have to have some package of spending cuts to go with raising the debt ceiling, then let them put their own plan together and see if they can get the votes in congress. he's not going to help them. he said he was not going to let the republicans put a gun to the head of the american people, or he was not going to let them attach a ransom. the president used tough language today and part of what he was saying is i wo
what i said was we weren't going to extend bush tax cuts for the wealthy. and we didn't. >> joining me now, john king, john king, welcome, welcome. help me understand what exactly the president is saying. is he saying he absolutely will not negotiate with congress when it comes to the debt ceiling? and to point out, i had ben stein on, an economist. he said, brooke, saying not negotiating is a negotiating tact tactic. >> ben is correct in that regard. what the president is saying,...
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state legislators are saying, let's put excise taxes on. and they feel they have to do something. >> obesity rates are on the increase, soda consumption is on the decrease. i was talking to sanjay gupta, he said overall we're just eating more. but, look, coke is doing pretty well. i read a quote where you were saying the soda industry is under siege, but reading -- what was a reading, business week, business week says coke raked in $48 billion in profits last year and they're thinking it will be $50 billion this year. do you think they're under the attack. they seem to be doing pretty well. >> well, they may be doing pretty well, but they're doing much better overseas than they are in the united states. and -- but they see a decaying business. all the criticism is repositioning soft drinks from fun and happiness to disease and death. that's not a good place for industry to be. >> so what do you want from coke? because obviously they want to make money. they sell all kinds of things. short of stopping selling these sugary drinks, is there an
state legislators are saying, let's put excise taxes on. and they feel they have to do something. >> obesity rates are on the increase, soda consumption is on the decrease. i was talking to sanjay gupta, he said overall we're just eating more. but, look, coke is doing pretty well. i read a quote where you were saying the soda industry is under siege, but reading -- what was a reading, business week, business week says coke raked in $48 billion in profits last year and they're thinking it...
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Jan 15, 2013
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couldn't take anything for granted. >> reporter: their lobbying effort paid off, there is no federal tax on sugary drinks. fast forward to today, the centers for disease control says more and more americans are drinking the stuff. the center for science and the public interest, a non-profit consumer advocacy group says sugary drinks are the number one source of calories in the american diet. they put out their famous version of the coca-cola bear called the real bear. ♪ sugar, sugar, so good, so good, sugar ♪ >> coca-cola said "obesity is complex and requires partnership and collaboration to help solve it. we have an important role to play in the effort to find solutions that work for everybody." let's bring in our chief medical correspondent dr. sanjay gupta. so i know it's a tough topic. coke says it can play an important role in america's fight against obesity, it says it's decreased the calories in its products. in middle schools it sells juices instead of cans of coke. it says it's doing its part. what's the big deal? leave us alone? >> i think that's part of it. there's a fear
couldn't take anything for granted. >> reporter: their lobbying effort paid off, there is no federal tax on sugary drinks. fast forward to today, the centers for disease control says more and more americans are drinking the stuff. the center for science and the public interest, a non-profit consumer advocacy group says sugary drinks are the number one source of calories in the american diet. they put out their famous version of the coca-cola bear called the real bear. ♪ sugar, sugar, so...